PALMOILMAGAZINE, KUALA LUMPUR — Crude palm oil (CPO) futures on the Bursa Malaysia Derivatives extended their positive momentum on Wednesday (Aug. 5, 2026), marking gains for the second consecutive session. The upward movement was supported by market optimism over resilient palm oil export prospects, particularly from key importing countries. The stronger buying activity from India is expected to provide additional support for global palm oil demand in the coming months. However, gains in CPO prices were capped by weakness in other vegetable oil markets and global crude oil prices. On China’s Dalian Commodity Exchange, the most-active soybean oil futures contract declined 0.18%, while palm oil futures advanced 1.13%.